LENEXA, Kan. — For the eleventh consecutive year, members have received a dividend from CommunityAmerica Credit Union.
This time, the $1.5 billion CU returned a $1 million 2007 Owner Participation Dividend bringing the total bonus dividends paid over the last 11 years to more than $10 million, said Sean Yokley, vice president of corporate affairs for CommunityAmerica. Individual payment amounts are based on the member's use of the credit union's products and services.
"The dividend is the unique, credit-union way of saying 'thank you' to all members who contributed to our mutual success in the past year," Yokley said. "Unlike banks, which are owned by investors, credit unions are owned by members and operated for the benefit of those members." CommunityAmerica serves more than 132,000 members.
Recommended For You
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.